Editor’s pick
A-Team Group Names Winners of Innovation Awards 2023
A-Team Group has named the winners of its prestigious Innovation Awards 2023. The awards, now in their third year, celebrate innovative projects and teams across vendor and practitioner communities that make use of new and emerging technologies to deliver high-value solutions for financial institutions in capital markets. This year’s platinum award winners include Moody’s Analytics...
Top Blogs
Derivatives Service Bureau Sets Timeline for 2023 Consultation on ISIN and CFI
The Derivatives Service Bureau (DSB) has set out the timeline for 2023 industry consultation related to 2024 service provision of the OTC International Securities Identification Number (ISIN) and Classification Financial Instrument code (CFI). The consultation paper will be published on 28 April 2023, and the industry will have until 31 May 2023 to respond. The...
The March of MX Messaging
By Phil Flood, Global Business Development Director – Regulatory and STP Services, Gresham Technologies. When Genghis Khan marched his Mongol armies on the great cities of the Jin empire over 800 years ago, he would ensure that there were rows upon rows of drummers. They would be beating out a steady rhythm, signalling their impending...
ESMA Goes Live with Pilot of DLT Regulatory Regime
The European Securities and Markets Authority’s (ESMA’s) pilot of a Digital Ledger Technology (DLT) regulatory regime, which includes the standard Digital Token Identifier (DRI), is up and running. The pilot will operate for six years, during which regulated investment firms, market operators and central securities depositories operating DLT market infrastructure will be able to apply...
Latest briefs
Snowflake Sets Up in Indonesia
Snowflake has extended its reach to Indonesia, bringing the Data Cloud to customers and partners in the country. The company expects its services to be available in the AWS Asia Pacific (Jakarta) Region in April 2023, enabling customers and partners to accelerate migration to the Data Cloud.
Linedata Opens Office in Singapore
Linedata, a global provider of credit and asset management technology, data and services, has opened a new office in Singapore, strengthening its presence in the APAC region following an increase in client need. The company already has presence in Hong Kong and India, with its expansion to Singapore a priority in its development strategy. Linedata…
IBA Continues Move Away from LIBOR benchmarks with SOFR Spread-Adjusted ICE Swap Rate
Intercontinental Exchange (ICE) continues the move away from LIBOR benchmarks with its subsidiary ICE Benchmark Administration (IBA) planning to launch a US dollar (USD) SOFR Spread-Adjusted ICE Swap Rate for use as a benchmark in financial contracts and financial instruments by licensees on 3 July 2023. IBA has been publishing USD SOFR Spread-Adjusted ICE Swap…
Kensho Classify NLP Solution Sifts Market Signals Form Thousands of Documents
Kensho Technologies, an S&P Global company, has released a natural language processing (NLP) solution, Kensho Classify, that derives value from vast amounts of text and documents by making content more discoverable, enabling analysis of text, smart search, content recommendations, and streamlined research and analysis. The solution is tuned for complex business and finance use cases,…
Qlik Connector Factory Extends Access to SaaS Data for Cloud Analytics
Qlik has introduced Connector Factory in line with its strategy to continually expand access to and delivery of data from hundreds of SaaS applications and data sources to meet enterprise cloud analytics and data integration needs. The company already offers over 250 connectors and through 2023 will add a further 100 connectors for Qlik Cloud…
Synechron Offers Data Monetisation Accelerator Programme
Digital transformation consulting firm Synechron has released a data monetisation accelerator programme that offers a suite of building block solutions designed to help asset managers and financial institutions unlock the full potential of their data. The Synechron tools leverage analytics and derive insights to identify revenue opportunities and implement key strategies for monetising data, while…
Quantexa Completes Acquisition of Aylien
Quantexa, a player in the decision intelligence market, has completed the acquisition of Aylien, an AI, NLP and ML company based in Dublin. Founded in 2012, Aylien applies advanced AI to unstructured data to create a rich, real-time, and reliable stream of actionable insights. The combination of Aylien’s AI and NLP, and Quantexa’s Decision Intelligence…
EDI Adds Luxembourg Funds Data Service
Exchange Data International (EDI), a provider of global security corporate actions, pricing, and reference data services, has added a Luxembourg funds data service to its investment funds coverage. The Luxembourg services covers more than 50,000 share class funds from over 400+ fund management companies, providing comprehensive reference and corporate actions data.
FINBOURNE Joins Bloomberg, MarketAxess and Tradeweb in Consolidated Tape Plan
FINBOURNE Technology has won a tender process to become the technology infrastructure provider for the Bloomberg, MarketAxess and Tradeweb initiative to build a consolidated tape for fixed income in Europe. The company’s cloud-based, API-first Modern Financial Data Stack is designed to reduce operational complexity and increase efficiency and transparency across capital markets.
Ataccama Deepens Integration of ONE Unified Data Management Platform with Snowflake
Ataccama, a unified data management platform provider, has released deeper integration of its Ataccama ONE platform with Snowflake providing data observability functionality and pushdown processing to joint customers. Data is processed directly on Snowflake’s single, integrated Data Cloud platform, delivering faster, lower cost and more secure results. “With the release of the latest version of the Ataccama…
S&P Global Expands KY3P with Acquisition of TruSight Solutions
S&P Global has acquired TruSight Solutions, a provider of third-party vendor risk assessments. The acquisition will be combined with KY3P by S&P Global and integrated into the Market Intelligence division. Know Your Third Party (KY3P) was initially a Markit initiative acquired by S&P Global with the company. TruSight was founded by a group of financial…
FactSet Integrates Coin Metrics Digital Assets Data into Asset Management Solutions
FactSet is collaborating with Coin Metrics to integrate the latter’s digital assets data across its solutions for asset management, wealth management, and research. The aim is to support client needs to analyse digital instruments as part of multi-asset class portfolios. Additionally, the collaboration adds digital assets sector coverage to FactSet’s StreetAccount news service. The companies…
Danish Pensions Firm Forca Selects Gresham Technologies to Realise Client Service Benefits
Forca, a Danish pensions services provider, has selected Gresham Technologies Control solution for holdings, cash, and transaction reconciliations. By automating all data validation, reconciliation, and regulatory reporting, the solution will allow Forca to tackle data control issues and focus on exception management and transaction reconciliation. With the implementation of the solution already underway, the pensions…
Qlik Plans Acquisition of Talend
Qlik, a provider of data integration and analytics solutions for the financial services sector, plans to acquire Talend, provider of a unified platform dedicated to data integration, integrity, and governance. The deal would bring together two Thoma Bravo-backed firms to deliver a cloud independent portfolio of solutions designed to help customers address data integration, transformation,…
Rate of Annual Sanctions Growth Nears 15%, According to Refinitiv Report
The Russia-Ukraine war has caused rapid sanctions inflation since March in several autonomous sanctions programs, contributing to a sanctions inflation rate of 14.6% year on year, according to London Stock Exchange Group’s Refinitiv Global Sanctions Index (GSI). Refinitiv’s annual GSI white paper, the second edition of which was released last week, measures and analyses rising…
Latest people
Peter Serenita Joins Element22 as Advisory Partner
Peter Serenita, one of the first global CDOs in financial services, and chairman of the EDM Council’s board of directors, has joined Element22, a provider of data, data management and analytics solutions and consulting services, as an advisory partner. His role will include collaborating with Element22’s clients on a variety of projects using his knowledge…
Niresh Rajah Moves on From Grant Thornton to Take CDO Role at Danske Bank
Niresh Rajah, currently managing director and head of the digital, data and RegTech practice at Grant Thornton in the UK, will join Danske Bank as CDO and a member of the technology and services leadership team with effect from 17 April 2023. Rajah will work with Danske Bank COO and member of the executive leadership…
GoldenSource Names Swati Tyagi as Chief Product Officer
GoldenSource has appointed Swati Tyagi as chief product officer based in New York, leading the product team, and overseeing product strategy. She will also join the management team with her experience of integrating applications brought together by acquisition an important factor as GoldenSource looks to incorporate acquisitions into its growth strategy. Tyagi joins GoldenSource from…
Xceptor Replaces Retiring CEO Andrew Kouloumbrides with SAP Executive Michiel Verhoeven
Xceptor, provider of a data automation platform, has announced the retirement of CEO Andrew Kouloumbrides and the appointment of Michiel Verhoeven as its new CEO. Verhoeven, managing director of SAP UK and Ireland, will take over leadership of Xceptor on 3 April 2023.
ICMA Names Former HSBC Exec Georgina Jarratt as Head of Fintech and Digitalisation
The International Capital Market Association (ICMA) has named Georgina Jarratt as managing director, head of fintech and digitalisation, and a member of the executive committee. She joins from HSBC where she has worked since 2005 in roles including global programme director, global head of business transformation, global banking and markets, and most recently, head of…
NatWest Names Scott Marcar as Group Chief Information Officer
NatWest Group has announced that Scott Marcar will join its executive committee as group chief information officer from 5 September 2022, subject to regulatory approval, and reporting directly to CEO Alison Rose. Marcar joins from Deutsche Bank, where he was chief information officer for the investment bank. Marcar has over 25 years of technology experience…
Broadridge Hires David Turmaine as UK Lead for Consulting Services
Broadridge has hired David Turmaine as UK practice lead for its consulting services business. He joins Broadridge from Capco, where he was executive director with responsibility for driving digital transformation in the financial services industry. Turmaine’s career also includes a management role at Accenture, where he was an industry SME for Accenture post-trade processing. Prior…
Gresham Technologies Strengthens North America Sales Team
Gresham Technologies has named Rob McGowan as senior sales executive in North America as the company expands in the region following its June 2021 acquisition of Electra Information Systems. McGowan joined Gresham in the first quarter of this year and is based in the company’s New York office. He joined from Duco, and previously held…
FINBOURNE Names Robert Byrne as CTO
FINBOURNE Technology, provider of the LUSID cloud-native, API-first investment data management platform, has appointed Robert Byrne as chief technology officer. The company says the appointment marks the next phase of growth for the SaaS scale-up, which now stands at over 140 employees globally, and coincides with FINBOURNE’s recent expansion into North America and Asia Pacific….
Broadridge Names Stephan Müller as Managing Director for Germany
Broadridge has appointed Stephan Müller as managing director for Germany. Based in Frankfurt, Müller will join Broadridge’s international leadership team and will be responsible for leading and growing Broadridge’s overall business in Germany across all solution lines in its global technology and operations portfolio, and its investor communication solutions. He will also manage Broadridge’s Payments-as-a-Service…
Delta Capita Appoints Steven Hargreaves as Head of UK Consulting
Delta Capita, a capital markets consulting, managed services and technology provider, has appointed Steve Hargreaves as head of consulting, UK. The company’s mission is to reinvent the financial services value chain, with the role of the consulting business being to create long-term partnerships with financial services clients, design and deliver the change they need, and…
KX Expands Global Product Strategy Team
KX has added Malcolm (aka Barry) Johnson and Charles Gregory to its product strategy team for financial services. Johnson takes the role of business development strategist and Gregory vice president of product management. Their remit is to further develop the KX technology roadmap to deliver against the evolving analytics needs of financial services organisations. Johnson…
Encompass Appoints Banking Industry Veteran Doris Honold to Board
Encompass, a provider of Know Your Customer (KYC) and Anti-Money Laundering (AML) software, has appointed banking industry veteran Doris Honold to its board. Honold has over 25 years of financial services experience, working in various executive roles across Los Angeles, Frankfurt, Singapore, Tokyo and London, where she is now based. Her career includes 12 years…
SmartSearch Appoints Former Dow Jones Executive as CEO
SmartSearch, an anti-money laundering specialist using electronic entity verification, has named Guy Harrison as CEO with responsibility to drive the company’s strategic growth plan. Harrison joins from Dow Jones, where he was general manager of the company’s risk and compliance business. He takes over the CEO role from SmartSearch CEO and founder John Dobson, who…
NeoXam Names Former State Street COO as Managing Director for EMEA West
NeoXam has named former State Street COO France, Bruno Noyon, as managing director for the EMEA West region. Noyon joins NeoXam having most recently been managing director of IQ-EQ France and CEO of Equitis Gestion. Prior to this, he spent over 15 years as COO and senior vice president of State Street’s Global Servicing business…
Featured
FEATURED WEBINAR
Upcoming Webinar: How to make the most of managed delivery models
Date: 26 April 2023 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes Bespoke engineering delivery takes many forms. Agreeing on the engagement model is the most important decision to be taken when planning an engagement between a client and IT vendor, and it depends on a variety of factors. In this…
FEATURED EVENT
ESG Data & Tech Briefing APAC
Join us in one of the greenest cities in the world as we bring together thought leading ESG specialists to explore how financial institutions are adapting to the evolving ESG regulatory and market infrastructure.
FEATURED GUIDE
Regulatory Data Handbook 2022/2023 – Tenth Edition
Welcome to the tenth edition of A-Team Group’s Regulatory Data Handbook, a publication that has tracked new regulations, amendments, implementation and data management requirements as regulatory change has impacted global capital markets participants over the past 10 years. This edition of the handbook includes new regulations and highlights some of the major regulatory interventions challenging…
Top White Papers
How Banks Harness the Value of Cloud for Scale and Agility
Financial services are recognizing the benefits that data-led processes can bring and are undergoing digital transformations that are putting data at the heart of their operations and decisions-making processes. They are seizing on data as an asset whose value can be unlocked through technology to increase revenue and reduce costs across the entire enterprise. With...
The Business Case for Master Data Management Transition Within Financial Institutions
Master data management ensures the creation of a “single source of truth” of information for banks and financial institutions that not only provides that the data remains intact but also makes it available and useable across the entire enterprise. Once the information foundation of golden data is established with MDM, the data can be used...
Achieving a 360-degree View of Risk with Data-Driven Insights and Strategies
Technology and data have reached a level of sophistication that is enabling financial institutions to calculate and manage the risks to which their activities and investments are exposed. Leveraging the two, however, is a challenge; if the data isn’t properly managed, the technology that identifies patterns and insights may be unable to operate optimally. One...
Events and webinars
Recorded Webinar: S&P Recorded Webinar: Confidence and Clarity – Understanding Valuation Risk
This recorded webinar will help you to understand how valuations and pricing have evolved over the last couple of years in the post-crisis environment. In this session, you will hear different perspectives on how market participants have been tackling the valuation risk challenge from Paul Sharkey of Northern Trust, James Dimech Debono of KPMG, and...
Recorded Webinar: Ideas at the Edge – Managing Risk Information in the Siloed Enterprise
This webinar has passed, but you can view the recording here. Risk management has been accepted as the new imperative for financial institutions of all types and sizes. But for Tier 1 and Tier 2 banks and brokerages, the complexity of their organisations is presenting risk professionals with a thorny data management challenge: How to...
Recorded Webinar: What the LEI Means for your Firm
This webinar has passed, but you can view the recording here. This A-Team Webinar looks at the implications of the emerging legal entity identifier (LEI) for financial institutions as they address how to implement the new standard, and offers suggestions on best practices as the LEI becomes available. The industry initiative to develop and promote...
Awards
Data Management Insight Awards Europe
Congratulations to the well-deserved winners of our inaugural Data Management Insight Awards – Europe. These annual awards recognise leading providers of data management solutions, services and consultancy to capital markets participants within Europe.
